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By Law Articles:
Article I:
Article II:
Article III:
Article IV:
Article V:
Article VI:
Article VII:
Article VIII:
Article IX:
Article X:
Article XI:
Article XII:
Article XIII:
Article XIV:
Article XV:
Operating Procedures:
Flight Limitations
Eligibility
Reservations
Responsibility
Operational Costs
Violations
Changes and Amendments
Flight Instructors
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Article XIV: Owner & Social Membership
Owner-membership:
- An individual is admitted to membership by a
majority vote of the owner members of the Corporation present at the
regular monthly meeting.
- The cost of an owner-membership is set at
$295.00 if an owner-member decides to sell his/her membership they
shall receive $221.00 (75%) and the Corporation will receive $74.00
(25%).
- The monthly dues will be $20.00. Personal
liability and property liability insurance shall be paid from the
monthly dues receipts.
- The spouse of a member is entitled to the same flying
privileges as the owner-member for the additional payment of $15.00 per month dues.
Spouse is also required to enroll in the club’s Hull Protection program or carry hull
collision insurance through another carrier.
- Any applicant for membership to the Corporation,
who is a minor, as defined by the State of Indiana, shall have his/her
parents or guardians execute a financial responsibility agreement in
favor of the Corporation. The terms of this agreement will bind the
parents or guardians to be responsible for any and all debts incurred
by said minor in the operation of the Corporation’s aircraft.
- Upon receipt of the initiation fee, the
Corporation shall issue to each member a Certificate of Membership on
a form approved by the Board of Directors and a current copy of the
Bylaws and Operating Rules.
- A member may withdraw from the Corporation upon
notification to the Secretary, in writing, thirty (30) days in advance
and said member may make his/her withdrawal final within the next
ninety (90) days without further notification provided that the withdrawing
member has disposed of his/her share in the assets of the Corporation
to a new member acceptable to the Corporation. The Corporation shall
have the first option to purchase the share of a member wishing to
withdraw from the Corporation and the Corporation shall have thirty
(30) days from the withdrawal notice to exercise this option. In the
event that the Corporation does not exercise its aforementioned option
to purchase, and, in the further event that the withdrawing member is
unable to dispose of his or her share, then the member may withdraw
from the Corporation surrendering his or her membership certificate
properly assigned to the Corporation and his/her equity, if any, in
the Corporation assets shall become the property of the Corporation.
- Any member who has failed to pay his or her
dues, or any sum due the Corporation by the last day of the month of
the receipt of statement, shall be considered delinquent and shall
automatically be suspended from flying the Corporation’s aircraft.
When a delinquent member fails to pay any sum owed to the Corporation,
or to make appropriate arrangements with the Board of Directors for
the payment thereof within thirty (30) days of the due date, that
member shall be considered as indicating his/her intention to withdraw
for the Corporation. A two (2) percent charge per month will be added
to all delinquent accounts. After sixty (60) days the member shall no
longer be considered a member of the Corporation and his/her original
membership fee shall be forfeited. The person’s financial obligation
continues until full of his/her account is received. If litigation is
necessary to resolve the member’s obligations to the Corporation, the
said member is responsible for all collections, reasonable attorney
fees, and court costs.
- After ten (10) days notice, a member may be
expelled by a two-thirds vote by members at a regular monthly meeting
or one called for said purpose. The member in question has the right
to be heard at the meeting either in person or by counsel.
- A person accepted into the membership must
activate said membership within thirty (30) days after being accepted.
- Before an applicant can be considered for
membership as an owner-member, the applicant must first join as a
social member for a one (1) month evaluation period, submit to a criminal background check and credit evaluation.
After the one (1) month period, an applicant will be considered for
ownership status in the Mentone Flying Club at the next regularly
scheduled monthly meeting.
- The number of owner-members shall be limited to
one hundred twenty(120).
Social Membership:
- Any person interested in fellowship with the
Mentone Flying Club, Inc. may do so by paying annual dues, thus
entitling said person to social membership.
- Social membership entitles said person to share
in the following club activities:
- Invitation to all stated and called meetings.
- Invitation to all Club activities.
- Invitation to participate in Club trips as long
as he/she does not detain an owner-member who may wish to depart on
schedule.
- Activities which a Social Member may not
participate in are:
- Voting privileges.
- Aircraft flying privileges.
- Dues for Social Membership must be received by
the Corporation by each January 31st of the New Year.
Social Membership dues shall be $20.00 per year.
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